NHPC Limited, India’s premier Hydropower utility has signed Power Purchase Agreement (PPA) on 31.08.2020 with Eden Renewable Passy Private Limited for 300 MW and with Altra Xergi Power Private Limited(SPV of O2 Power SG PTE LTD.)for 380 MW for procurement of Solar Power at the tariff of Rs. 2.55/kWhat NHPC corporate office for 25 years on long term basis.
The Power purchased by NHPC shall be supplied to Madhya Pradesh for which Power Sale Agreement (PSA) have already been signed.
A.K. Singh, CMD, NHPC, M.K. Mittal, Director(Finance), Y.K. Chaubey, Director(Technical), N.S. Parameshwaran, ED(Commercial), R.K. Jaiswal, ED(Renewable Energy) and Himangshu Saha, Engineer In-charge of 2000 MW scheme graced the occasion with their august presence.
The PPAs were signed by S.P. Rathour, General Manager (Power Trading) on behalf of NHPC and Vivek Kodesia forEden Renewable Passy Private Limited and Parag Sharma, CEO for Altra Xergi Power Private Limited (SPVO2 Power SG PTE LTD.)